§ 48.20.112. Standard provision No. 9 -- Time of payment of claims
There shall be a provision as follows:
TIME OF PAYMENT OF CLAIMS: Indemnities payable under this policy for any loss other than loss for which this policy provides any periodic payment will be paid immediately upon receipt of due written proof of such loss. Subject to due written proof of loss, all accrued indemnities for loss for which this policy provides periodic payment will be paid . . . . . . (insert period for payment which must not be less frequently than monthly) and any balance remaining unpaid upon the termination of liability will be paid immediately upon receipt of due written proof.
[1951 c 229 § 12. Prior: (i) 1947 c 79 § .20.13; Rem. Supp. 1947 § 45.20.13. (ii) 1947 c 79 § .20.14; Rem. Supp. 1947 § 45.20.14.]
Sections: Previous 48.20.050 48.20.052 48.20.062 48.20.072 48.20.082 48.20.092 48.20.102 48.20.112 48.20.122 48.20.132 48.20.142 48.20.152 48.20.162 48.20.172 48.20.192 NextLast modified: April 7, 2009